Samsung’s US profit triples thanks to Galaxy phones
Samsung Electronics Co.'s US unit nearly tripled its profit in the first half of the year, defying concerns about steep US tariffs on foreign electr...
KHNP in joint venture talks with Westinghouse to target US nuclear market
South Korea's state-run Korea Hydro & Nuclear Power Co. (KHNP) is in talks with Westinghouse Electric Co. to form a joint venture (JV) with an a...
Hyundai Motor to up ante in US with full hybrid lineup in 2026
Hyundai Motor Group plans to expand hybrid offerings across its entire US lineup to cushion profitability from US tariff fallout while hoping to nar...
Kospi-listed firms underperform in Q2 with gloomy H2 forecast
South Korean firms suffered steeper losses in the second quarter as hefty US import tariffs took a toll, fueling fears of a tougher road ahead as th...
US government eyes stake in Samsung, TSMC in return for CHIPS Act funds
The US government is looking into acquiring equity stakes in chipmakers such as Samsung Electronics Co., Taiwan Semiconductor Manufacturing Co. (TSM...
AWS, Upstage deepen ties in AI drive across Asia-Pacific, US
Amazon Web Services (AWS) has reinforced its partnership with South Korean artificial intelligence startup Upstage, backing the company with a minor...
Yuhan’s lung cancer drug eyes blockbuster sales by 2027
A novel lung cancer therapy developed by South Korea’s Yuhan Corp. is on track to become a global blockbuster drug, with annual sales projecte...
HD Hyundai to build quantum-secure network for shipbuilding, defense
HD Hyundai Co., the parent of the world’s largest shipbuilder, HD Hyundai Heavy Industries Co., will build a quantum cryptography communicatio...
Hyundai, Kia take crown as Saudi Arabia’s best-selling cars in H1
Hyundai Motor Co. and Kia Corp.'s subcompact models took the top two spots in Saudi Arabia’s automobile market in the first half of this year ...
‘Act fast, or miss out’: Korean retail investors look to Wall Street debut stocks for hefty gains
When cryptocurrency exchange operator Bullish rang the bell at the New York Stock Exchange (NYSE) on Aug. 13, a 30-something South Korean investor l...
Woori Bank opens Austin’s first Korean lender branch as US presence gathers pace
Woori Bank, a unit of Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, has opened a branch in Austin, Tex...
Global investors flock to K-beauty startups as sector mints new unicorn BENOW
South Korea’s beauty startup scene is attracting a wave of overseas venture capital, underscoring renewed investor appetite for the country&rs...
BOE risks 15-year US OLED ban in Samsung dispute; Korean display stocks rally
South Korean display makers stand to gain from a possible 15-year US import ban on organic light-emitting diode (OLED) panels from China’s BOE...
Disney, Marvel, Star Wars stories to get Korean webtoon makeover
Webtoon Entertainment Inc. is bringing Iron Man, Spider-Man, Darth Vader and Beauty and the Beast to life in vertical web panels, reimagined in the ...
Korea Investment Partners invests $10 million in Elon Musk’s SpaceX
Korea Investment Partners Co. (KIP), one of South Korea’s largest venture capital and private equity firms, has invested $10 million in Elon M...
South Korea’s EV sales jump, hinting at end to market slump
South Korea’s electric vehicle market is showing signs of recovery after a prolonged slowdown, with both new and used car sales rebounding fas...
S.Korea-US summit set for Aug. 25 with focus on security, economy
President Lee Jae Myung of South Korea and US President Donald Trump will meet face to face for the first time on Aug. 25 in Washington to discuss a...
K-beauty, K-food exports to US jolted as 15% tariffs go into effect
South Korea’s cosmetics and food exporters have been jolted by a significant drop in shipments to the US after Washington’s 15% tariffs ...
KT reports record operating profit on robust AI business in Q2
South Korea’s major mobile carrier KT Corp., which has picked artificial intelligence as its next growth engine, posted record-high quarterly ...
From ramen to skincare, Samyang beats Toyo Suisan in market cap; APR nears Shiseido
As Korean food and beauty products ride a wave of enduring global demand, Samyang Foods Co. has overtaken Japan’s Toyo Suisan Kaisha Ltd., the...
Aussie developer The Living Company targets Korean residential market
The Living Company, a leading Australian housing developer, on Thursday opened an office in Seoul to target South Korea’s residential market. ...
Posco Future M ships 1st cathodes made with domestic precursors to Ultium Cells
POSCO Future M Co., South Korea’s leading battery materials maker, has begun shipping cathode materials entirely produced with domestically so...
Celltrion in talks to buy Eli Lilly plant in US for $504 million
Celltrion Inc., South Korea’s biosimilar-developing leader, is in talks with Eli Lilly and Company to buy the American multinational pharmaceu...
Trump’s chip tariff threat stirs jitters; impact on Samsung, SK Hynix limited given MFN status
NEW YORK – A revived threat from US President Donald Trump to impose a 100% tariff on imported semiconductors has reignited concerns in South ...
Mirae Asset Securities’ Q2 profit soars as global ETF business thrives
Mirae Asset Securities Co. on Thursday reported an 83.1% jump in second-quarter operating profit to 540 billion won ($390 million) from the year pri...
Musicow sells out 1st US music equity offering backed by Kelly Clarkson hit
Musicow Inc., a South Korean music copyright trading platform pioneer, has sold out its debut US music royalty-backed securities offering in less th...
S.Korea-US summit likely set for Aug. 25; Vietnam’s top leader to fly to Seoul for state visit
South Korean President Lee Jae Myung will likely have a summit meeting with his US counterpart Donald Trump later this month amid a flurry of high-l...
Samsung to produce Apple’s next-gen chips at US foundry plant
The global memory chip powerhouse Samsung Electronics Co. will produce chips for Apple Inc. at its semiconductor manufacturing facilities in the US,...
Global investment banks raise S.Korea’s growth forecasts as trade tensions with US ease
Global investment banks are revising up their growth forecasts for South Korea, citing easing trade uncertainties and signs of a consumer-led recove...
Coupang ramps up Taiwan push amid K-beauty boom, US tariffs
Coupang Inc., South Korea’s largest e-commerce platform, said on Wednesday it will expand investment to strengthen overnight delivery services...
